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OTHER NEWS - Dec. 6, 1991

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From Times Staff and Wire Reports

SPI to Form Joint Venture: SPI Pharmaceuticals Inc., a Costa Mesa drug company that has been pursuing business opportunities in Eastern Europe, has tentatively agreed to form a joint venture with one of Russia’s oldest pharmaceutical firms. SPI, majority-owned by ICN Pharmaceuticals, did not disclose financial details of its agreement with Oktyabr Pharmaceutical Factories, a St. Petersburg company that traces its origins to the year 1714.

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